CREMECOMTRSBI (Germany) Market Value
| WY52 Stock | EUR 0.05 0.02 68.75% |
| Symbol | CREMECOMTRSBI |
CREMECOMTRSBI 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CREMECOMTRSBI's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CREMECOMTRSBI.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in CREMECOMTRSBI on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding CREMECOMTRSBI DL 001 or generate 0.0% return on investment in CREMECOMTRSBI over 210 days. CREMECOMTRSBI is related to or competes with Boston Properties, COUSINS PTIES, and Office Properties. CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office... More
CREMECOMTRSBI Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CREMECOMTRSBI's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CREMECOMTRSBI DL 001 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 255.32 | |||
| Value At Risk | (32.84) | |||
| Potential Upside | 17.78 |
CREMECOMTRSBI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CREMECOMTRSBI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CREMECOMTRSBI's standard deviation. In reality, there are many statistical measures that can use CREMECOMTRSBI historical prices to predict the future CREMECOMTRSBI's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (2.19) | |||
| Total Risk Alpha | (6.02) | |||
| Treynor Ratio | (0.23) |
CREMECOMTRSBI DL 001 Backtested Returns
CREMECOMTRSBI DL 001 secures Sharpe Ratio (or Efficiency) of -0.052, which signifies that the company had a -0.052% return per unit of risk over the last 3 months. CREMECOMTRSBI DL 001 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CREMECOMTRSBI's Standard Deviation of 27.68, mean deviation of 11.97, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 6.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CREMECOMTRSBI will likely underperform. At this point, CREMECOMTRSBI DL 001 has a negative expected return of -1.45%. Please make sure to confirm CREMECOMTRSBI's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if CREMECOMTRSBI DL 001 performance from the past will be repeated in the future.
Auto-correlation | 0.88 |
Very good predictability
CREMECOMTRSBI DL 001 has very good predictability. Overlapping area represents the amount of predictability between CREMECOMTRSBI time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CREMECOMTRSBI DL 001 price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current CREMECOMTRSBI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
CREMECOMTRSBI DL 001 lagged returns against current returns
Autocorrelation, which is CREMECOMTRSBI stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CREMECOMTRSBI's stock expected returns. We can calculate the autocorrelation of CREMECOMTRSBI returns to help us make a trade decision. For example, suppose you find that CREMECOMTRSBI has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CREMECOMTRSBI regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CREMECOMTRSBI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CREMECOMTRSBI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CREMECOMTRSBI stock over time.
Current vs Lagged Prices |
| Timeline |
CREMECOMTRSBI Lagged Returns
When evaluating CREMECOMTRSBI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CREMECOMTRSBI stock have on its future price. CREMECOMTRSBI autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CREMECOMTRSBI autocorrelation shows the relationship between CREMECOMTRSBI stock current value and its past values and can show if there is a momentum factor associated with investing in CREMECOMTRSBI DL 001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CREMECOMTRSBI Stock
CREMECOMTRSBI financial ratios help investors to determine whether CREMECOMTRSBI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CREMECOMTRSBI with respect to the benefits of owning CREMECOMTRSBI security.